IDT Corporation, together with its subsidiaries, provides communications and payment services in the United States, the United Kingdom, and internationally. It operates in four segments: National Retail Solutions, Fintech, Net2phone, and Traditional Communications. The company operates point of sale, a terminal-based platform which provides independent retailers with store management software, electronic payment processing, and other ancillary merchant services; and marketers with digital out-of-home advertising and transaction data. It also offers BOSS Money for international money remittance, and related value and payment transfer services, as well as net2phone solutions comprising unified communications as a service; contact center as a service under the uContact brand; net2phone AI, which delivers customer experiences across sales, support, and administrative tasks; and net2phone Coach, a workforce intelligence and coaching platform. In addition, the company provides IDT Digital Payments, which enables businesses, entrepreneurs, and developers to offer prepaid digital offerings, including mobile airtime top-up, mobile data bundles, digital gift cards, and eSIMs through its Zendit platform; and BOSS Revolution, which offers international long-distance voice calling to immigrant communities. Further, it provides IDT Global, a wholesale provider of international voice, SMS termination, and outsourced traffic management solutions to telecoms; and IDT Express, a mobile self-service portal paired with dedicated account managers backed by customer support. IDT Corporation was incorporated in 1978 and is headquartered in Newark, New Jersey.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2B | $127M | $76M | $106M | 24.9% | 2.1% | 18.1% |
| 2024 | $1.2B | $82M | $64M | $59M | 26.2% | -2.7% | 59.2% |
| 2023 | $1.2B | $82M | $40M | $30M | 20.9% | -9.2% | 49.8% |
| 2022 | $1.4B | $71M | $27M | $8M | 16.1% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,364.06 | 1,238.85 | 1,205.78 | 1,231.49 |
| Operating Revenue | - | 1,364.06 | 1,238.85 | 1,205.78 | 1,231.49 |
| Cost Of Revenue | - | 1,039.06 | 881.61 | 815.62 | 785.30 |
| Gross Profit | - | 325 | 357.24 | 390.16 | 446.20 |
| Operating Expense | - | 271.64 | 295.28 | 328.06 | 340.04 |
| Research And Development | - | 47.04 | 47.99 | 50.55 | 50.96 |
| Selling General And Administration | - | 224.59 | 248.94 | 277.44 | 288.09 |
| Total Expenses | - | 1,310.69 | 1,176.89 | 1,143.68 | 1,125.34 |
| Operating Income | - | 53.36 | 61.96 | 62.10 | 106.16 |
| Total Operating Income As Reported | - | 60.09 | 60.74 | 64.75 | 100.42 |
| EBITDA | - | 71.48 | 82.10 | 82.45 | 127.16 |
| Normalized EBITDA | 56.56 | 85.74 | - | - | - |
| EBIT | - | 53.36 | 61.96 | 62.10 | 106.16 |
| Interest Income | - | 0.15 | 3.15 | 4.77 | 6.13 |
| Net Interest Income | - | 0.15 | 3.15 | 4.77 | 6.13 |
| Other Non Operating Income Expenses | - | -1.41 | -0.73 | -0.59 | 0.05 |
| Other Income Expense | - | -18.63 | -4.30 | -4.96 | -6.44 |
| Interest Income Non Operating | - | 0.15 | 3.15 | 4.77 | 6.13 |
| Net Non Operating Interest Income Expense | - | 0.15 | 3.15 | 4.77 | 6.13 |
| Pretax Income | - | 34.88 | 60.81 | 61.91 | 105.84 |
| Tax Provision | - | 5.88 | 16.44 | -6.35 | 24.70 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -2.40 | -0.13 | -0.19 | -0.89 |
| Net Income Continuous Operations | - | 29 | 44.37 | 68.26 | 81.14 |
| Net Income From Continuing And Discontinued Operation | - | 27.03 | 40.49 | 64.45 | 76.09 |
| Net Income From Continuing Operation Net Minority Interest | - | 27.03 | 40.49 | 64.45 | 76.09 |
| Net Income | - | 27.03 | 40.49 | 64.45 | 76.09 |
| Net Income Common Stockholders | - | 27.03 | 40.49 | 64.45 | 76.09 |
| Net Income Including Noncontrolling Interests | - | 29 | 44.37 | 68.26 | 81.14 |
| Normalized Income | - | 38.89 | 40.84 | 65.17 | 79.03 |
| Diluted NI Availto Com Stockholders | - | 27.03 | 40.49 | 64.45 | 76.09 |
| Basic Average Shares | - | 25.79 | 25.52 | 25.24 | 25.19 |
| Diluted Average Shares | - | 26.36 | 25.58 | 25.40 | 25.30 |
| Reconciled Depreciation | - | 18.11 | 20.14 | 20.35 | 21.01 |
| Reconciled Cost Of Revenue | - | 1,039.06 | 881.61 | 815.62 | 785.30 |
| Total Unusual Items | - | -14.26 | -0.48 | -0.90 | -3.83 |
| Total Unusual Items Excluding Goodwill | - | -14.26 | -0.48 | -0.90 | -3.83 |
| Special Income Charges | - | 6.72 | -1.22 | 2.65 | -5.73 |
| Other Special Charges | - | -6.54 | 0.08 | -2.87 | 3.98 |
| Write Off | 0 | 0 | - | - | - |
| Impairment Of Capital Assets | - | 0 | 1.55 | 0.36 | 0.86 |
| Restructuring And Mergern Acquisition | - | -0.19 | -0.41 | -0.14 | 0.90 |
| Gain On Sale Of Security | - | -20.99 | 0.74 | -3.56 | 1.90 |
| Depreciation Amortization Depletion Income Statement | 17.76 | 18.11 | 20.14 | - | - |
| Depreciation And Amortization In Income Statement | 17.76 | 18.11 | 20.14 | - | - |
| General And Administrative Expense | - | 224.59 | 248.94 | 277.44 | 288.09 |
| Other Gand A | - | 224.59 | 248.94 | 277.44 | 288.09 |
| Gain On Sale Of Ppe | 2 | 0 | 0 | - | - |
| Other Operating Expenses | - | 0 | -1.65 | 0.06 | 0.98 |
| Earnings From Equity Interest | - | -2.95 | -3.10 | -3.46 | -2.66 |
| Other Taxes | 0 | 0 | - | - | - |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| IDT Corporationthis co. | IDT | $1.4B | 18.16 | 4.53 | 24.9% | 9.09 |
| Liberty Latin America Ltd. | LILAK | $1.5B | -2.49 | 2.74 | -110.0% | 10.03 |
| Liberty Latin America Ltd. | LILA | $1.5B | -2.47 | 2.72 | -110.0% | 10.02 |
| AMC Entertainment Holdings, Inc. | AMC | $1.5B | -2.34 | -0.78 | 33.4% | 42.59 |
| Yelp Inc. | YELP | $1.3B | 8.92 |
| - |
| - |
| - |
| - |
| 1.83 |
| 20.5% |
| 4.52 |
| Anterix Inc. | ATEX | $1.3B | -111.93 | 8.13 | -7.3% | -25.39 |
| NMAX | NMAX | $1.2B | -12.42 | 11.66 | -93.8% | -13.15 |
| USA TODAY Co., Inc. | TDAY | $1.2B | 687.17 | 7.75 | 1.1% | 8.58 |
| Playtika Holding Corp. | PLTK | $1.2B | -5.81 | -2.91 | 50.2% | 14.84 |
| Peer Median | - | -2.48 | 2.73 | -3.1% | 9.30 | |